The Hong Kong Chief Executive’s Council of Advisers has welcomed three new members, including two tech bosses from Hangzhou’s “Six Little Dragons” and a mainland Chinese economist who was a senior official with the International Monetary Fund (IMF). The government on Friday announced the appointment of 34 members to the second term of city leader…
The world’s first half-marathon with humanoid robot participants in Beijing has offered a striking glimpse into the progress and challenges of the country’s robotics industry, as only six out of the 21 robotic runners completed the competition. The 21km race, held in the Yizhuang district of China’s capital city, featured robots running alongside human runners…
A total of 41 new corporate venture capital funds were registered in the coastal province last year, the highest number among those recorded in 18 mainland provinces in the same period, according to the latest data from CYZone Research Centre in China. Zhejiang has been attracting more investments amid the province’s evolution from e-commerce hub…
Shenzhen has received a boost to its role in manufacturing humanoid robots after Unitree Robotics set up a new venture to leverage the supply chain and supportive policies of the southern tech hub. Unitree, the country’s hottest robot maker and one of the so-called six Little Dragons based in the eastern Chinese city of Hangzhou,…
A new generation of Chinese entrepreneurs, represented by a group of start-up founders known as the “Fantastic Four”, are reshaping the global technology landscape and helping China in its rivalry with the US. Liang Wenfeng, founder of Hangzhou-based artificial intelligence (AI) start-up DeepSeek, along with Wang Xingxing, Zhang Yiming and Wang Tao, the founders of…
A new generation of Chinese entrepreneurs, represented by a group of start-up founders known as the “Fantastic Four”, are reshaping the global technology landscape and helping China in its rivalry with the US. Liang Wenfeng, founder of Hangzhou-based artificial intelligence (AI) start-up DeepSeek, along with Wang Xingxing, Zhang Yiming and Wang Tao, the founders of…
Alibaba Group’s formerly exiled founder Jack Ma’s appearance at Chinese President Xi Jinping’s recent symposium highlights Beijing’s determination to use innovative technologies to maintain its economic growth. After forcing Alibaba’s Ant Group to scrap its initial public offering in Hong Kong in November 2020, Beijing spent a year and a half tightening regulations in the…
Ren, the face of China’s resilience against US hostilities in technology, told Xi that concerns had eased over China’s lack of home-grown chips and operating systems – the “heart and soul” of modern technology – according to a report from the People’s Daily on Friday. “I firmly believe that a stronger China is rising at…
Hangzhou currently has the potential to emerge as the next Silicon Valley of China, based on the flurry of startups that are opening up in this city. The region is now commonly known as the next tech hub of China, especially due to the presence of the ‘Six Little Dragons‘, which are the top six…